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jim acosta in washington with details. i'm going to let you explain what transpired between two and why some are saying this may have crossed the line. >> what is going on here, this comes out of the part of the process during the republican battle for that nomination when people inside the republican party pining for other candidates, people like chris christie, jeb bush and david patreaus. so it was in 2011 when an analyst for fox news, k.t. mcfarland sat down with general patreaus to talk about the war in afghanistan. also the prospect that david patreaus might be tapped to head the cia or be the chairman of the joint chiefs. it was during that discussion when this i guess proposal was issued to david patreaus. k.t. mcfarland said it came from ro ro roger ailes, if patreaus wanted to run for president ailes might be able to help him with that and run a david patreaus for president campaign. here's a little bit of sound from the interview obtained by "the post." the other thing was directly advice to me from roger ailes
jim acosta in washington with details. i'm going to let you explain what transpired between two and why some are saying this may have crossed the line. >> what is going on here, this comes out of the part of the process during the republican battle for that nomination when people inside the republican party pining for other candidates, people like chris christie, jeb bush and david patreaus. so it was in 2011 when an analyst for fox news, k.t. mcfarland sat down with general patreaus to...
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i'm chris mam ewes in washington. let me start tonight with some grave robbing. we're going gown to the dark, cold tomb of the late romney campaign. we're going to excavate the murky truths that were the living heart and mind of the defeated republican effort. going to exhume tonight the guts of the thinking that went on and went so wrong. tonight, we get what we only guessed at, the results of which played out in the numbers of election night. the nasty, anti-immigrant politics, the attitude toward that 47%, the failure to turn out the white male vote, the reason romney picked ryan and the wild prelude to the clipt eastwood performance. tonight on "hardball," the dark arona of what lies now beneath the dirt so we can understand what it looks like, to think and feel your way into a historic disaster. with me are jeff zeleny with "the new york times" and susan milligan who is contributing editor at ""u.s. news & world report."" you laugh, it's not funny. you both attended that harvard institute of policy forum. they just released, we have the audio recordings of t
i'm chris mam ewes in washington. let me start tonight with some grave robbing. we're going gown to the dark, cold tomb of the late romney campaign. we're going to excavate the murky truths that were the living heart and mind of the defeated republican effort. going to exhume tonight the guts of the thinking that went on and went so wrong. tonight, we get what we only guessed at, the results of which played out in the numbers of election night. the nasty, anti-immigrant politics, the attitude...
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"washington journal" is live at 7:00 eastern. we will take your questions and comments as we focus on the fiscal cliff. the house of representatives is back in session at 10:00 eastern for general speeches. legislative business begins at noon. several live events to tell you about today on our companion network c-span 3. craig fugate will testify about the response to hurricane sandy. that is at 10:00 a.m. eastern. the coalition for pasqual national security will focus on how the national security is impacted by the deficit. mike mullen will testify along with others. later, the center for strategic international studies host a forum on u.s. relations with china in light of china's leadership transition. that is at 5:30 eastern p.m.. ♪ >> this weekend on c-span 3, follow harry truman's grandson to hiroshima as the city celebrates -- remembers the dropping of the bomb. >> everybody has their own view. i do not want to argue about the history. i think we are past that. my goal and purpose for being here is to honor the dead and l
"washington journal" is live at 7:00 eastern. we will take your questions and comments as we focus on the fiscal cliff. the house of representatives is back in session at 10:00 eastern for general speeches. legislative business begins at noon. several live events to tell you about today on our companion network c-span 3. craig fugate will testify about the response to hurricane sandy. that is at 10:00 a.m. eastern. the coalition for pasqual national security will focus on how the...
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i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >> mostly ceos and company founders. more than 110 companies anumbers onned special dividends in the fourth quarter, three times last year's fourth quarter, all aimed at beating that potential tax increase on dividends. that tax now 15%, scheduled to go up to 43.4% on january 1st. now you companies have doled out more than $22 billion in special dividends this quarter. that's savings up to $6 billion in taxes. three of the biggest paydays will go to sheldon adeleson, tom frist and larry ellison. together, they will get $1.75 billion checks before christmas. and their tax savings there could be more than $490 million. so, what will they do
i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >>...
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i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ended last night. president bush put his signature on the deficit reduction package, including $140 billion in tax increases. >> tax increases. that was a turning point for the modern republican party. the right wing went crazy. and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236
i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long...
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"washington journal" continues. host: as part of the fiscal cliff that is looming, we look at different aspects, today, the alternative minimum tax, which will impact 30 million americans if congress does nothing. we are joined by georgetown law's john buckley. what is the alternative minimum tax. -- tax? guest: is requires it to pay the greater of what you pay under regular income tax, or what you would compute under the minimum tax, which has a slightly more broad base, this allowing some of the reductions in a regular tax. in some respects, it is very similar to the patch on itemized deductions that is being discussed. rather than directly attack preferences and expenditures, it puts an overall cap on the benefit. there is no new idea in this debate. the cap there's a strong relationship to how the alternative minimum tax works. host: here is a form from the irs in 2011 tax preparation, and this is part one, the alternative minimum tax income. how do you know if you fall into the amt? how you know? guest: i belie
"washington journal" continues. host: as part of the fiscal cliff that is looming, we look at different aspects, today, the alternative minimum tax, which will impact 30 million americans if congress does nothing. we are joined by georgetown law's john buckley. what is the alternative minimum tax. -- tax? guest: is requires it to pay the greater of what you pay under regular income tax, or what you would compute under the minimum tax, which has a slightly more broad base, this...
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this is a clear attempt on the part of the republican leadership to punish those in washington who vote the way they promised their constituents they would. conservative blogger eric erickson on his blog writing on the same day john boehner, eric cantor and kevin mccarthy punished those for standing up for their convictions sold out their own convictions. erickson wasn't the only 0 group. calling it an $800 billion tax hike. the most conservative media outlets have been in boehner's camp, conservative organizations have a lot of sway with some members. bane earp does not want a full fledged rebellion. a few things to keep in mind. number one, any thought boehner didn't believe he had more control over his conference this time than he did two years ago should be set aside. cantor and mccarthy having his back. he only has to worry if somebody is high profile were somehow to challenge his standing with house republicans. that's not the case. they were in concert on this. does it mean -- send a signal to the white house that this time what boehner says and negotiates goes though it may not
this is a clear attempt on the part of the republican leadership to punish those in washington who vote the way they promised their constituents they would. conservative blogger eric erickson on his blog writing on the same day john boehner, eric cantor and kevin mccarthy punished those for standing up for their convictions sold out their own convictions. erickson wasn't the only 0 group. calling it an $800 billion tax hike. the most conservative media outlets have been in boehner's camp,...
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, economic report from washington. the dow jones industrial average up 17 points right now. we wait for that all important jobs report. the fiscal cliff as we await for the bipartisan agreement of some sort, right? so these are the things that are really on the table on wall street on december which is traditionally a good month here on wall street. as i took a look at the up volume versus the down volume they are virtually the same, just a moment ago it changed but 165 million to the upside, 149 lower. so about half the names on the dow are winners. let's take a look at earnings losers. when you look at darden, you talk about olive garden and red lobster, they saw sales pulling back despite promotions. they will have to change the way they do things, saying the quarter was disappointing. pep boys noting the same thing. they're not seeing great sales and numbers. as a result we're seeing both of these names down arrows and down double-digit in percentage terms. ashley, tracy, back to you. tracy: nicole petallides, i ha
, economic report from washington. the dow jones industrial average up 17 points right now. we wait for that all important jobs report. the fiscal cliff as we await for the bipartisan agreement of some sort, right? so these are the things that are really on the table on wall street on december which is traditionally a good month here on wall street. as i took a look at the up volume versus the down volume they are virtually the same, just a moment ago it changed but 165 million to the upside,...
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even in washington, $49 billion is real money, money that would have to be borrowed, adding to our debt problem. believe it or not, republicans who voted to turn medicare into a voucher program in the name of deficit reduction, support adding to the deficit with high-end tax cuts. in rhode island at least, those are lousy priorities when it comes to deficit reduction. we should let the tax cuts at the top expire for reasons also of fairness. loopholes and special provisions allow many super high income earners to pay lower tax rates than many middle-class families. according to the nonpartisan congressional research service, 65% of individuals earning a million dollars or more annually pay taxes at a lower rate than median income taxpayers making $100,000 or less. 65%, nearly two-thirds, of individuals earning over a million dollars a year actually pay a lower tax rate than median income taxpayers do. that is a tax system that has turned upside-down and needs to be fixed. earlier this year, a majority of senators voted to advance my "paying a fair share act," the buffett rule bill to en
even in washington, $49 billion is real money, money that would have to be borrowed, adding to our debt problem. believe it or not, republicans who voted to turn medicare into a voucher program in the name of deficit reduction, support adding to the deficit with high-end tax cuts. in rhode island at least, those are lousy priorities when it comes to deficit reduction. we should let the tax cuts at the top expire for reasons also of fairness. loopholes and special provisions allow many super...
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at a time when washington is talking about our fiscal crisis i'd say that the relationship of our oil needs to this crisis itself are close. it might not solve our fiscal crisis but clearly it's a necessary ingredient. every recession in the history of the united states in moden times has been preceded by or happening concurrent with an oil price spike. if we don't have continued growth we can cut all we want and raise revenue all we want, but we'll never find a way to solve our fiscal troubles. and i think this report really looks at how do we leverage this great abundance, this great blessing in the united states, both of our resources and of our innovative skills to help the country through these times and put us in a good footing for the next 50, 100 years. and secondly, i think this report really is the beginning of a process of creating an effective deep and stable bipartisan consensus on energy policy, in a town where everything is about the zero sum game. we are trying to escape that zero sum game. and we see the oil security as a unifying vision where people do not have to co
at a time when washington is talking about our fiscal crisis i'd say that the relationship of our oil needs to this crisis itself are close. it might not solve our fiscal crisis but clearly it's a necessary ingredient. every recession in the history of the united states in moden times has been preceded by or happening concurrent with an oil price spike. if we don't have continued growth we can cut all we want and raise revenue all we want, but we'll never find a way to solve our fiscal...
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the clerk: washington, d.c, december 4, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable christopher a. coons, a senator from the state of delaware, to perform the duties of the chai. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? the presiding officer: the majority leader. mr. reid: following leader remarks, the senate will proceed to executive session to consider the disabilities trite. the time until noon will be equally divided and controlled between the two leaders or their designees. at noon there will be a roll call vote on the resolution of advise and consent to the convention on rights of persons with disabilities. we don't do treaties often and there are requests from both --m senators on both sides of the aisle. i think the they're right, becae this is a treaty, the votes will take place from our desks today. everybody should be on notice. following the vote, mr. president, the senate will recess to allow for
the clerk: washington, d.c, december 4, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable christopher a. coons, a senator from the state of delaware, to perform the duties of the chai. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? the presiding officer: the majority leader. mr. reid: following leader remarks, the senate will proceed to executive session to consider the disabilities...